Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.

Wall Street experienced a mixed start as investors assessed President Trump's renewed tariff threats and concerns about elevated stock valuations. The

Circle Internet Group ( CRCL -14.49%) has been one of the hottest stocks on Wall Street in recent weeks. The company held its initial public offering (IPO) on June 5, listing 34 million shares on the New York Stock Exchange. Circle priced its IPO at $31 per share, but the stock opened at $69 and has since soared 290% to $270.